Nifty on the weeekly charyts has given a nice bullish candle and has closed around 100 points higher. After the gap up opening on Monday due to the international news it recovered and took support from 50% fibonacci level. It is holding the higher levels but is still trading below the major resistance level of 19900. On the daily charts, there are gap up and...
What a weekly expiry this has been? Nifty on the weekly expiry remained a 50-60 points range and closed 19 points lower. On the hourly charts, the market remained in the first hour candle and closed above both the moving averages. Today expiry was for option seller and total time decay was the gain as there was no opportunity for the option buyer. On 15...
Nifty held on to the higher levels while banknifty gave away the points after a gap up opening. It gained some points after a gap up opening and consolidated after the first hour move in a 50 points range whole day. There is a bullish moving averages cross over, on the hourly charts, closing above both the moving averages. On 15 minutes time frame, market took...
The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas. When price come to these area we can expect either reversal or breakout from the given area's. So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
Nifty after a gap down opening due to the global cues remained in a narrow range and closed 140 points lower taking support around 19500 levels. On the daily charts, it has formed a doji candle and is still trading below the 20 ema. On the hourly charts, market opened below both the moving averages and tested the 20 ema. It took resistance from the levels and...
Nifty on the weekly time frame has fromed a dragon fly doji after retesting the 20 ema. There is a gap up opening after tested 19350 levels and has closed around the 20 ema on the daily charts. On the hourly charts, the market has closed around the 200 ema. Though, the markets are opening gap up but there is no follow through in the direction. Nifty last week...
Nifty Analysis Recap from yesterday: “Although we had a good green day today — the body of the candle was not good enough. So I am not changing my stance from bearish to bullish instead, I am going with a neutral stance for tomorrow.” Everything went in the bull’s way today. The opening was gap-up followed by a steady upward-looking rally. Even though we had the...
Nifty Analysis Recap from yesterday: “The orange support and resistance lines remain the same, the bottom one is @ 19446, top one at 19776. We just completed an M pattern (double top) on the 1hr TF. For tomorrow I continue to remain bearish with the support getting broken in the opening 1hr. Ideally, we should retest the 19310 support if not break it.” The...
Nifty on the daily charts, has been trading below the 20 ema and has been closing in a same range of a few trading sessions. A retracement and a consolidation is going on and market are yet to decide which side to move. On the hourly charts, market remained inside the first hour candle and has closed below both the moving averages. The market has closed near...
Nifty Spot Price : 19523.6. - INDIA VIX SPOT Price : 12.82. - Nifty Daily Range : 19393 To - 19655 - Watch Option Strike : 19600 CE Draw & Watch The Target Points : ----148-----164-----206----247----288-----329----370---+++++++ Watch Option Strike : 19600 PE Draw & Watch The Target Points : -----89...
Nifty has formed a perfect doji on the daily charts after testing 61.8% fibonacci levels. It is trading below the 20 ema. The market has given a nice fall after forming a new ATH and is now giving a consolidation. On the hourly charts, it has closed below both the moving averages and is taking resistance from 200 ema. There are chance of a cross over. There was...
Nifty Analysis Recap from yesterday: ”I wish to change my stance to neutral as long as we remain between these 2 orange lines. Personally I prefer if Nifty breaks down and retests the August lows by this Thursday.”. The prediction came out exactly true, but the trading results today were not satisfactory. Nifty stayed in a very tight range today with no...
Technical Analysis of Nifty 50 for Tomorrow (26 September 2023) with Good Points Support: 19600-19500 (Strong Support) Resistance: 19800 (Big Resistance) Overall Analysis: The Nifty 50 index is currently trading at 19674.55, just below the resistance level of 19800. The index has been in a sideways to bearish phase for the past few weeks, and the overall...
**Technical Analysis for Nifty50 for Tomorrow - September 25, 2023** **Overall Outlook** Nifty50 is expected to open negative tomorrow, following the negative global markets. However, if the market opens above 19,700, then the 19,600 level will act as a support. On the upside, the resistance levels are 19,800 and 19,900-20,000. **Support and Resistance...
**Bank Nifty Technical Analysis for Tomorrow - September 25, 2023** **Overall Outlook** Bank Nifty is expected to open negative tomorrow, following the negative global markets. However, if the market opens above 44,550, then the 44,500 level will act as a support. On the upside, the resistance levels are 44,970 and 45,200-45,400. **Support and Resistance...
Nifty has given a nice marubozu candle on the weekly time frame with a good volumes. On the daily time frame, there is a RSI divergence and there is a good volume on the closing day. There was a gap up opening and it consolidated whole day taking resistance from 20200 levels and closed 89 points higher. On the hourly time frame, the market is still sustaining...
Already We Discussed About the Market if market opens a gap-up market can retest the closing Price and That Happened Today. For Tomorrow We Need a Closing Green Candel Above 46150 Today Market high 46163 For tomorrow #Support Levels: 45800/45700 Big And Major Support if the market breaks 45800 tomorrow then fall possibly came #Resistance Levels: The market...
Agint Fall From High Already I Told Yesterday that the Market Can Down and Our old Support Can Work if you see today's market move all previous support work and market Trade Between 45600 to 45400. For tomorrow We Can See Bullish Trade if Again Market Trade is Above 45600 then We Can See a Bullish Trade. AS PER OI Data 45500 CE Writer High As Compared...